Question: Consider the data below: Periods Demand Moving Exponential 1 Exponential 2 Average Jan 321 Feb 261 Mar 171 Apr 261 251 171 171 May 291

Consider the data below: Periods Demand Moving Exponential 1 Exponential 2 Average Jan 321 Feb 261 Mar 171 Apr 261 251 171 171 May 291 231 189 243 Jun 306 241 209.4 281.4 Jul 231 286 228.7 301.1 Aug 261 276 229.2 245 Sep 171 266 235.6 257.8 Oct 321 221 222.7 188.4 Nov 306 251 242.4 294.5 Dec 171 266 255.1 303.7 Which forecasting technique will you choose based on MAD? O a. Moving Average O b. Exponential 2 Oc. All models are equally good Od. Exponential 1 Oe. both Exponential 1 and Exponential 2

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